SOLANA Daily Analysis Update🟢 SOLANA broke out from long-term downward resistance and confirmed it as support. now price touched the ascending support. if the price holds the current support and heads up it can shape a reverse head and shoulders to reach a resistance zone between110$ and 120$.
in long term, it is possible to reach 0.5 and 0.618 fib levels of Fibonacci from swing low.
breaking down from ascending support, can drop the price to next supports around 70$ and even 45$.
⚠ This Analysis Will be Updated.
📆0.3.05.2022
✍ Analyzed By Amirhossein
⚠ DYOR
Sollong
Sol/usdt in inverse head shoulder HELLO FRIENDS, here we can see SOL/USDT in 1 day timeframe. And it's forming inverse head and shoulder pattern. Now sol is at right shoulder. I'm hoping it will pump 37% in next 9 to 15 days . I have already posted another idea about SOL and I will attach link below go and check it out. FOLLOW FOR MORE
SOL/USDT BULLISH 4hrBullish on Solana for the 4hour chart. The Bollinger band has been broken on the lower line. Furthermore, there has been a strong bounce from the support line at 82.
Currently, on the daily timeframe the price is on the lower boundary of the Bollinger band.
Entry: 82 - 84USD
Take profit 1: 96USD
Target: around 104USD.
Not financial advice
Will Solana get his original price back?I predict Solana's currency will have an upward trend to $ 128. From $ 128 to $ 180, the upward trend can start again and the next drop is up to $ 146 and again we will see a short profit up to $ 169 and again a downward trend up to $ 130. We have from $ 130 to $ 219 can give a good profit to the buyers of this code and this period will last 81 days from the point of view of my analysis. put
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SOL - Trade update, potentional falling wedge Quick update from my last post on SOL, after a failed breakout (cut short by BTC) SOL has consolidated into a failing wedge and is pressing now upon a daily support area. Indicators suggest a possible rally, though as per my previous idea a breakdown could see us revisit the support 145 range, which is a value area and global bullish trend of SOL's entire bull run (on log chart)
Will want to see a break upwards confirmed with a close above 200-204 range (and obviously BTC may have a say in this)
I'll be watching the levels of support and resistance as marked in the chart
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $242, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.
Solana (Sol) Update 03/11/21: Solana New ATH, Next Stop $531Solana (Sol) Update 03/11/21: Solana's New ATH @ $239, Next price target @ $531 at the 161.80% fibs (123% gain from the current price). Please see previous analysis below.
Our current price Targets for Solana from the current price:
127.20% Fibs at $269 (10% Gain)
161.80% Fibs at $336 (40% Gain)
261.80% Fibs at $531 (121% Gain)
423.60% Fibs at $846 (251% Gain)
Happy Trading :)
Solana (Sol) Update 20/09/21: Solana New ATH , the road to $309. Solana looks like one of those Alt-coins that will match BTC performance and may even outperform BTC in Q4 with an already explosive growth during the last 3 quarters. From here it is important to see SOL reacts to the ATH price price around $195 to $216. Since reaching a new ATH on the 9th September @ $216, Solana been struggling to regain enough momentum to break above the 78.60% since September 11th when Sol retraced by of 40% from $190 to $115. Sol has been consolidating in the range between $168 and $138 range for over a month (36 days). From here we can expect a break above the 78.60% and a retest of the ATH at $216.
Our current price Targets for Solana from the current price:
127.20% Fibs at $257 (50% Gain)
161.80% Fibs at $309 (78% Gain)
261.80% Fibs at $459 (166% Gain)
423.60% Fibs at $702 (305% Gain)
Please see previous analysis below. Happy Trading :)
9/09/21:
Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
6/09/21:
Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level).
Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @ $210 (49% Gain from the current price level). Please see previous analysis below. Happy Trading :)
We could see a $150 Solano very very soon, only 24% away from the 461.80% fibonacci extension . $150 Solano would mean If Solana had a market cap of $43.0B, 1 SOL would be worth $150.00. Since the buy signal triggered on the 3rd August with the 13EMA crossing up above the 50 SMA , Solano has grown over 400% in the past month. We forecasted a $150 EOY target for #Solano, it looks like we could reach this target Early September. Defi summer is happening and Solano, Luna, and Avax are all leading the way. We can expect similar growth moves in Polygon (Layer 2) over the next few months and We believe Solano is only just getting started here. Happy Trading :)
Key Info on Solano:
It is evident that one of the most focal dilemmas that the blockchain sphere faces is the issue of scalability and slow transaction times; Solana aims to fix this vital issue that needs to be remedied. Boasting 60,000 transactions per second, one of the fastest blockchains in the world and growing, Solana has the team, the community and the resources to propel blockchain into the mainstream sphere of influence. This is a new era for blockchain technology, an era of transaction times that rival mainstream and antiquated methods of transaction validation and processing. Solana will be a project and network that will accelerate the adoption of blockchain technology. This is just the beginning.